Perovskite solar technology leader and CHEOPS partner Oxford PV has been named in the Top 50 world most innovative companies of 2017, by the German edition of MIT Technology Review. At the MIT Technology Review’s award ceremony, Oxford PV is also featured in the top three companies in the category “Newcomer of the Year”.

Oxford PV has been recognised for its innovative perovskite solar cell technology that has the potential to dramatically improve the efficiency of silicon solar cells and support the proliferation of solar energy generation globally.

“Oxford PV has made significant progress over the past few years. We have already developed in the lab an advanced perovskite on silicon tandem solar cell and we are in the process of rapidly transferring this to an industrial scale process.” said Frank Averdung, Chief Executive Officer, at Oxford PV.